Here is the formula a Frasier institute (corporate driven) fellow is proposin as our only option to unify not just our currenct, but put it under the direction and auspices of the federal reserve. Not that they aren't in lockstep somewhat now, but this is the way they will combine currencies and who controls it. Of course they want to peg the canadian loonie at $.90 to the US and of course we will accept this. Anything to get into the back pocket or whole trousers of their American masters.

The article contends that Canada is currently suffering from what the author refers to as the 'Dutch Disease', "which is named after the problems that developed in the 1960s when the Netherlands sold natural gas that had been discovered on its coast. The increases in Dutch exports of resources, like those of Canada in recent years, resulted in a strong appreciation of exchange rates, which was reinforced by interest rate policies of central banks and currency speculators." It further states that, "The disease manifests itself through the loss of domestic manufacturers' ability to compete abroad and with imports." The author then contends that, "The disease manifests itself through the loss of domestic manufacturers' ability to compete abroad and with imports," and that, "The Bank of Canada can keep interest rates low to discourage capital inflows and thus exchange rate increases, but at the cost of fuelling inflationary pressures."

The author then states that there is only one true cure for Canada's 'Dutch Disease', "inoculation of the system by fixing the exchange rate at a level that allows manufacturers to be competitive, perhaps at the rate the Bank of Canada research identifies as the long-run equilibrium, around US90¢." The author goes on to explain the reasoning behind this by giving the example that, "The Netherlands and Austria in the years before the introduction of the euro successfully operated such a system and enjoyed near perfectly stable exchange rates against the German currency. The essential ingredient in this success was the official commitment of the central banks of these two countries to maintain the same interest rate as that of the German central bank."

So if Canada were to do the same in relation to the US dollar, then Canadian interest rates would be subject to the rates set by the US Federal Reserve, with our Bank of Canada lock in step. The author goes on to say, "An analogous commitment by the Bank of Canada with respect to U.S. interest rates may not be credible, tested by speculators and therefore ultimately doomed to failure." Then the article continues, and makes a startling announcement:

"However, there is a solution to this lack of credibility. In Europe, it came through the creation of the euro and formal end of the ability of national central banks to set interest rates. The analogous creation of the amero is not possible without the unlikely co-operation of the United States.

A list of Canada's talking heads is here as well and is a who's who of scumbag elites all linked like the CFR. I guess we're just up and coming and this is still the minors, but these clowns sure love to be in bed with American money, so it is no wonder we are being sold to America. After all you are our #1 trading partner and another territory for you much like Puerto Rico.

The concluding statement-

Quote:

So clearly, there is a move on toward a regional currency for North America, in conjunction with the formation of a North American Union. Monetary sovereignty, and especially the power to create and issue money, is perhaps more central to the idea of a free, democratic and sovereign nation than the right to vote. If we do not have the power over the issuance of money, it does not matter whom we vote for. It's the Golden Rule: he who has the gold, makes the rules. We, as Canadians, and other peoples of their respective nations should never relinquish this sovereignty over to regional boards, private banks, or other unaccountable individuals. It is our right, not a privilege, and giving up such a right is akin to giving up the right to vote; it is anathema to democracy and a free society.

After Vincente Fox was on Larry King and said that it was a long term from implementation, I decided that I hope it doesn`t happen until I`m dead and gone. Let the children deal with it now.

That is our moral imperative- to pass on our problems to our children after all.

Cerveza por favor gringo!

_________________Completely sane world
madness the only freedom

An ability to see both sides of a question
one of the marks of a mature mind

_________________"If the people allow private banks to control their currency the banks and corporations will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered." - Thomas Jefferson

Stock markets across the world Monday suffered the worst losses since Sept. 11, 2001. The drop prompted analysts to theorize that investors have major doubts about the ability of the proposed stimulus package to mend the American economy. U.S. markets were spared by the Martin Luther King holiday.

Quote:

BBC:

Last week the US government announced a financial stimulus plan which would involve about $145bn in tax cuts to encourage spending.

US bond markets, which were closed for a public holiday on Monday, are to reopen on Tuesday and many analysts say they could see sharp falls after markets worldwide reacted negatively on Monday.

Francis Lun of Fulbright Securities in Hong Kong said the falls stemmed from disappointment that the US stimulus was “too little, too late” adding that investors felt “it wouldn’t help the economy recover...

MORE AT THE LINK

_________________

"Behind every great fortune lies a great crime."Honore de Balzac

"Democrats work to help people who need help. That other party, they work for people who don't need help. That's all there is to it."~Harry S. Truman

Thanks Tut for that history lesson. The little things this guy adds to the dialogue certainly fill in blanks. I remember growing up and believing the lies from the first world war about Quebec's stance on why they wouldn't fight. Who knew that we were ordered into that war by the British. No wonder the french opposed it.

Shows how much propaganda is generational as our parents program us with their bigotry and lies that we carry throughout our lives as well.

_________________Completely sane world
madness the only freedom

An ability to see both sides of a question
one of the marks of a mature mind

_________________"If the people allow private banks to control their currency the banks and corporations will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered." - Thomas Jefferson

Harper, Bush Share Roots in Controversial PhilosophyClose advisers schooled in 'the noble lie' and 'regime change.'What do close advisors to Stephen Harper and George W. Bush have in common? They reflect the disturbing teachings of Leo Strauss, the German-Jewish émigré who spawned the neoconservative movement.

Strauss, who died in 1973, believed in the inherent inequality of humanity. Most people, he famously taught, are too stupid to make informed decisions about their political affairs. Elite philosophers must decide on affairs of state for us.

In Washington, Straussians exert powerful influence from within the inner circle of the White House. In Canada, they roost, for now, in the so-called Calgary School, guiding Harper in framing his election strategies. What preoccupies Straussians in both places is the question of "regime change."

Strauss defined a regime as a set of governing ideas, institutions and traditions. The neoconservatives in the Bush administration, who secretly conspired to make the invasion of Iraq a certainty, had a precise plan for regime change. They weren't out to merely replace Saddam with an American puppet. They planned to make the system more like the U.S., with an electoral process that can be manipulated by the elites, corporate control over the levers of power and socially conservative values.

Usually regime change is imposed on a country from outside through violent means, such as invasion. On occasion, it occurs within a country through civil war. After the American Civil War, a new regime was imposed on the Deep South by the North, although the old regime was never entirely replaced.

Is regime change possible through the electoral process? It's happening in the U.S., where the neocons are succeeding in transforming the American state from a liberal democracy into a corporatist, theocratic regime. As Canada readies for a federal election, the question must be asked: Are we next?

The 'noble lie'

Strauss believed that allowing citizens to govern themselves will lead, inevitably, to terror and tyranny, as the Weimar Republic succumbed to the Nazis in the 1930s. A ruling elite of political philosophers must make those decisions because it is the only group smart enough. It must resort to deception -- Strauss's "noble lie" -- to protect citizens from themselves. The elite must hide the truth from the public by writing in code. "Using metaphors and cryptic language," philosophers communicated one message for the elite, and another message for "the unsophisticated general population," philosopher Jeet Heer recently wrote in the Globe and Mail. "For Strauss, the art of concealment and secrecy was among the greatest legacies of antiquity."

he came to power after the elites governing the conservative party moved their strength to the west and formed a pseudo- seperastist movement called the Reform party. After they "reformed" as the conservatives again, their strength was based in the west, in Alberta, who are only too ready to sell all to america. Harper is a supreme asshole who has no scruples and values other than his selling Canada out and privatizing everything- after he outlaws gays and gay marriage in Canada, he plans to build prisons like America as our new schools of learning here in Canada. It will be official then that school and prison are one and the same.